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Re: sam1933 post# 67783

Friday, 06/30/2017 12:27:36 AM

Friday, June 30, 2017 12:27:36 AM

Post# of 114738
You need to fact check your info before making assumptions. I understand you are trying to hedge stock prices so you can make money but bashing others to get there will not raise the prices. COHO had many problems before Rusty stepped in to help. He inherited an unknown DTC chill from Cooper Hunting. Dan had an attorney working on the chill. The chill was the result from his attorney scamming shares without his knowledge. The attorney was arrested but the damage was done.

Rusty hired more than one law firm and was close to getting the chill off when he was approached by a group who said Orie was looking for a public company. Orie and his group were informed there was a Chill, something that wasn't disclosed to Rusty.

Shareholders were informed about the Chill from Rusty when he found out over a year later. Shortly after Rusty obtained COHO he got into a lawsuit with an ex partner. A disbarred attorney coerced her to try and take over the company. The company was split until 2014 when the parties admitted to their wrong doings. Unfortunately during the split Rusty lost over 500k in revenue and supported over 150K in attorney fees personally to get back control of his company.

The lost business had its effect during the next 3 years. Simultaneously, a connected group in Canada also tried to steal Rusty's software so he sued them too and eventually won.

I understand Rusty's inexperience with a public company and dealing with cancer on a personal level motivated him to do the deal with Orie. Rusty has confidence Orie would do something positive with the company. In return for giving the company to Orie all he wanted was his companies back.

Under Rusty's leadership the stock prices stayed around 0.005 and better. There wasn't any dilution, and all company distributed shares weren't converted. A rookie mistake by doing business with Tangiers hurt but it was under control as Rusty was paying the small loan back monthly without converting shares.

Regardless, Orie has a plan as he is experienced with public companies. Give him some time and he will turn it around. In the mean time lay off all the previous owners and if you don't like COHO sell your shares and go find another company to dog.

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